Advanced Excel Charts assignment help

Introduction

Advanced Excel is a software package for doing analysis and analysis-based work. If you need to do such things as statistics, trend analysis, regression analysis or regression modeling, then advanced excel would be a good choice. Advanced Excel has a lot of features which are not available in default Excel applications. One example is the ability to create a workbook from scratch without any need for formatting or data validation. Another is the ability to save the workbooks as an HTML file with absolutely no error checking, which gives them a huge advantage when exported to PDF. advanced excel charts are the toughest assignments in computer science and related coursework’s. At assignmentsguru we make it easy for you. We are the best providers of this kind of assignment in the market. We provide you with original work free from plagiarism.

Excel charts are an efficient means to visualize the data to convey the results. In addition to the chart types that are available in Excel, some application charts are popular and widely used

Advanced Excel Waterfall Chart

The Waterfall chart allows one to understand the effects of sequentially introduced positive or negative values in an organized fashion A Waterfall chart is used to show how a value is changed over several intermediate values. In a Waterfall chart, the columns are color coded so that you can quickly tell positive from negative numbers.

Advantages of Waterfall Charts

A Waterfall chart has the following advantages −

• Analytical purposes − The amount deducted from an entity for certain kinds of activities (typically listed as percent of the entity’s gross revenue)

• Quantitative analysis − AI is becoming more and more commonly used in technical analysis such as stock futures (FX) and options (ETFs). This is based mainly on the needs for short term predictions in FX markets.

• Tracking contracts − Starting with the number of contracts at hand at the beginning of the year, taking into account

  • The new contracts that are added

  • The contracts that got cancelled

  • The contracts that are finished, and

  • Finally ending with the number of contracts at hand at the end of the year.

• Tracking performance of company over a given number of years.

Advanced Excel Band Chart

A band chart is a Line chart that adds shaded areas on the upper and lower boundaries of data ranges to display values on that range. Stacked bands allow you to easily identify any data value that falls outside the range.

Advantages of Band Charts

Band chart is used in the following scenarios −

• Monthly metric monitoring bar chart

• Profit % for each of the regions (represented by Line chart) and bands with defined intervals in the range 0% – 100%.

• Customer satisfaction is the only real metric you need to measure.

• Monitoring Service Tickets- Responded service tickets as line and the throughput time as bands.

Creating a Band Chart

Follow the steps given below to create a Band chart −

Step 1 − Select the data in the above table.

Step 2 − Insert a Combo chart.

Step 3 − Click on Change Chart Type. Change the chart types for the data series as follows −

• Line with Markers for East series and West series.

• Stacked Column for the series – Low, Medium and High.

Step 4 − Click one of the Columns.

Step 5 − Change Gap Width to 0% in the Format Data Series pane

Step 6 − Make the chart appealing −

• Add Chart Title.

• Adjust Vertical Axis range.

• Change the colors of the bands to Green-Yellow-Red.

• Add Data Labels to bands.

The result is a Band chart with defined boundaries depicted by bands.

Advanced Excel Gantt Chart

A Gantt chart is a chart in which a series of horizontal lines depicting tasks, task duration and task hierarchy are used planning and tracking projects.

Advantages of Gantt Charts

Partnership HR gives a better value to prospective clients compared to traditional Companies

• The timeline visualized in this article is quite accurate and I find it to be a great tool when moving from one project to another.

• It accommodates multiple tasks and timelines into a single chart.

• It is an easy way to understand visualization that shows the amount of work done, the remaining work, and schedule slippages, if any at any point of time.

• If the Gantt chart is shared at a common place, it limits the number of status meetings.

• A Gantt chart not only promotes tracking time and deadlines, but also conveys effective communications. This is because the timeline is visible to all involved in the work.

• Use Hyper focus to review completed projects with leaders on the team

• AI provides a high quality and realistic view of the project progress and eliminates end surprises.

Preparation of Data

Arrange your data in a table in the following way −

• Create three columns – Task, Start and Duration.

• In the Task column, give the names of the Tasks in the project.

• In the Start column, for each Task, place the number of days from the Start Date of the project.

• In the Duration column, for each Task, place the duration of the Task in days.

Advanced Excel – Thermometer Chart

A Thermometer chart keeps track of a single task, for e.g. completion of work, representing the current status as compared to a Target. It displays the percentage of the task completed, taking Target as 100%.

Advantages of Thermometer Charts

Thermometer chart can be used to track any actual value as compared to the target value as percentage completed. It works with a single value and is an appealing chart that can be included in dashboards for a quick visual impact on % achieved, % performance against the target sales target, % profit, % work completion, % budget utilized, etc

Advanced Excel – Gauge Chart

Gauge charts, also referred to as Dial charts or Speedometer charts, use a pointer or a needle to show information as a reading on a dial.

Gauge charts, also referred to as Dial charts or Speedometer charts, use a pointer or a needle to show information as a reading on a dial. A Gauge Chart shows the minimum, the maximum and the current value depicting how far from the maximum you are. Alternatively, you can have two or three ranges between the minimum and maximum values and visualize in which range the current value is falling.

Advantages of Gauge Charts

Gauge charts are very useful in medical coding, accounting, financial analysis and other fields.

• Work completed as against total work.

• Sales compared to a target.

• Service tickets closed as against total service tickets received.

• Profit compared to the set goal.

Disadvantages of Gauge Charts

Though the Gauge charts are still the preferred ones by most of the executives, there are certain drawbacks with them. They are −

• Very simple in nature and cannot portray the context.

• Often mislead by omitting key information, which is possible in the current Big Data visualization needs.

• They waste space in case multiple charts are to be used. For example, to display information regarding different cars on a single dashboard.

• They are not color-blind friendly

Advanced Excel Funnel Chart

Funnel chart is used to visualize the progressive reduction of data as it passes from one phase to another in a process.

Advanced Excel Waffle Chart

Waffle chart is a 10 × 10 cell grid with the cells colored as per conditional formatting to portray a percent value such % work complete

Advanced Excel Box and Whisker Chart

Box and Whisker charts, also referred to as Box Plots are commonly used in statistical analysis. In a Box and Whisker chart, numerical data is divided into quartiles and a box is drawn between the first and third quartiles, with an additional line drawn along the second quartile to mark the median. The minimums and maximums outside the first and third quartiles are depicted with lines, which are called whiskers. Whiskers indicate variability outside the upper and lower quartiles, and any point outside the whiskers is considered as an outlier.

Advanced Excel histogram

What is a Histogram?

A Histogram is represented by rectangles with lengths corresponding to the number of occurrences of a variable in successive numerical intervals. The numerical intervals are called bins and the number of occurrences is called frequency.

The bins are usually specified as consecutive, non-overlapping intervals of the variable. The bins must be adjacent and are of equal size. A rectangle over a bin with height proportional to the frequency of the bin depicts the number of cases in that bin. Thus, the horizontal axis represents the bins whereas the vertical axis represents the frequency. The rectangles are colored or shaded

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